As spring arrives in Bozeman, Montana, the real estate market experiences a notable shift. Warmer temperatures and longer days contribute to increased activity among buyers and sellers. Here's an overview of how the Bozeman housing market is responding to the seasonal change.
Surge in Listings and Inventory
With the onset of spring, more homeowners are listing their properties. In March 2025, Bozeman saw a 69.1% increase in active listings compared to February, totaling 164 new single family, townhome, and condo listings on the market. This uptick provides buyers with a broader selection and indicates a more dynamic market. Pending sales are up 23.9%.
Open Houses and Buyer Engagement
The spring season brings a rise in open house events, offering prospective buyers opportunities to explore properties firsthand. As of this month, numerous open houses are scheduled throughout Bozeman, reflecting heightened interest and activity in the market.
Median Home Prices and Sales
As of February 2025, the median listing price reached $700,000, and March 2025 reached $761,000, an 8.7% increase. Closed sales in March are up 12.1% from February.
Sales to List Ratio
The current average sales-to-list price ratio in Bozeman is 99%, indicating that homes are selling very close to their asking price — a sign of continued demand and a competitive market
Seasonal Market Dynamics
Spring traditionally energizes the real estate sector, and Bozeman is no exception. The "Spring Effect" leads to increased buying and selling activity, influencing home prices and market dynamics.
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*All data derived from MLS Domus Analytics. Bozeman City Limits and Greater Bozeman Area. Single family residence, condominium, and townhouse.